National Grid ADR repsg 5 Ord Shs V.NGG

Primary Symbol: NGG Alternate Symbol(s): NGGTF

Utilities Utilities - Diversified

National Grid plc is an energy company. The Company's businesses supply gas and electricity to various customers and communities. Its segments include UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York and National Grid Ventures. UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. UK Electricity Distribution segment includes the electricity distribution networks of Western Power Distribution in East Midlands, West Midlands, and Southwest of England and South Wales. UK Electricity System Operator segment is the Great Britain system operator. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.

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National Grid ADR repsg 5 Ord Shs

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Comment by beaverfeveron Jun 10, 2009 7:57pm

239 Views

Post# 16060201

RE: RE: RE: RE: Back from the VANC show

Grumpy - I qutoe you earlier today:
" For instance if NGG tried to sell Mt Penck they might only get 5MM - e.g. 100K Oz resource at $50 per ounce.

not an ideal situation..."
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You may have spoken too soon - Mt Penck could draw the investment money that McNeil has been looking for - without further diluting NGG shareholders.

Let's hope the developing Mt Penck story plays out well for us.

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